3 Year Fixed Rate ISA (Issue 29)

3 Year Fixed Rate ISA (Issue 29)

Annual interest
3.85% Tax-free pa/AER
(Fixed until 18 January 2028)
Interest is paid on: 18 January 2026, 18 January 2027 and 18 January 2028

Monthly interest
3.78% Tax-free pa/3.85% AER
(Fixed until 18 January 2028)
Interest is paid on: Last working day of each calendar month

The interest rate for this account is fixed and will not change until the maturity date (18 January 2028). Please refer to point 6 of the Product Special Conditions for further details.

Monthly (Fixed): £1,120

Annual (Fixed): £1,120

Please note: This projection is provided for illustrative purposes only and does not take into account the customer’s individual circumstances. This projection is based on an initial £1,000 deposit and no further deposits or withdrawals are made.

Opening your account: In branch or online. For existing online customers you can log into your Newcastle Building Society account to apply.

Giving us instructions for your account: In branch, by post, by telephone, online or by secure message (for accounts opened and operated online).

Minimum Opening Deposit: £1

Maximum Opening Deposit: Maximum ISA allowance for the current tax year, as prescribed by HM Revenue and Customs. Transfers from other ISA providers are also permitted.

Maximum Account Balance: No maximum balance. Please refer to point 3 for further details.

Withdrawals/transfers are permitted. Withdrawals prior to maturity will be subject to 180 days loss of interest. If insufficient interest has been earned then the penalty will be taken from your capital. Upon maturity (18 January 2028) your funds will roll into a default savings account which has easy access.

Tax status: ISA interest is paid tax-free, which means it’s exempt from income tax. Tax rules may change in the future.

Reimbursement of Authorised Push Payment (APP) fraud

From 7th October 2024, new regulations strengthen protection for customers who suffer financial losses due to Authorised Push Payment (APP) Fraud. If you make a payment on or after 7th October 2024, as result of APP fraud, you may be eligible for a refund. Further information about your reimbursement rights is available on our website at https://www.newcastle.co.uk/authorised-push-payments.

Transferring Windfalls to Charity

All new customers agree to assign any windfall benefits which they may become entitled to on a future conversion or takeover of the Society to the Community Foundation. This is our Charitable Assignment Scheme. By agreeing to this assignment, any windfall benefit will be given to the Community Foundation, one of the leading community foundations in the UK serving Tyne & Wear and Northumberland. This agreement lasts for the first five years of membership, is irrevocable and is a condition of opening an account. Your agreement to open an account with us will be deemed your agreement to the Charitable Assignment Scheme. Please see ‘Transferring windfalls to charity’ on our website at https://www.newcastle.co.uk/transferringwindfalls or within our Savings General Terms and Conditions for further details.